Alstrynomics....The Next Phase
Alstry, among other very astute CAPS players, warned you IN ADVANCE about the housing bubble, the pension bubble, the municipal bubble, and other issues.
NOW get ready for the slashing and cutting phase of the Government Bubble that will cause rivers of blood flowing into the streets. We are going to see government slash spending....businesses slash spending....households slash spending.....which is going to cause tens of millions of job losses and MASSIVE contraction to our GDP.
The stock market is controlled by computers playing slot machine algorythem games back and forth to each other. The economy is controlled by cash flow and savings. Right now, as the economy slows, cash flow is drying up. As cash flow drys, people must rely on savings as access to credit evaporates.
Since debt service remains even if cash flow shrinks, servicing debt will consume a greater and greater percentage of decreasing cash flows until servicing debt consumes so much that the debtor defaults.
The game changer will be government cut backs. It will be billions at a time and the impact will be fast and hard. If you are not prepared by now, time is running out, if time even exists.
Alstry came to CAPs to warn you.......by many I was ridiculed.........but the warnings continued despite the temptation to quit. Over the next six months, you will see the slowdown get much worse....that is a mathematical certainty based on current Zombulation policies.
If the policies change, Alstry will change.....but for now, prepare......if you still can.
Cash, a bit of metal, and pay down debt..........helps prevent a lot of sweat.